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After seeing farmers suffer from failed monsoon rains, Aadith Moorthy founded Boomitra to address the twin crises of climate change and farmer wellbeing. Equity—the fair and inclusive participation and benefit-sharing among all stakeholders—is central to our mission, and it is crucial for every carbon project.
By equitably compensating agricultural landowners for sequestering carbon in their soil, we support the livelihoods of those who sustain the global food supply.
Our projects support growers of all sizes, from small and marginal farmers with as little as half an acre to ranchers managing thousands of acres of grasslands. Boomitra’s approach to carbon projects produces multifaceted benefits for landowners and local communities while helping them effectively mitigate and adapt to climate change.
Sustainability isn’t a zero-sum game. Boomitra’s third-party validated soil carbon projects demonstrate that everyone can benefit from ecosystem restoration and climate mitigation—from local communities and landowners to project partners and credit buyers. Our meticulous project development team prioritizes the following factors to ensure transparency, inclusivity, and equitable outcomes throughout each project’s lifecycle:
Stakeholder Engagement: We conduct comprehensive stakeholder mapping to involve all relevant parties throughout the project. Our regular stakeholder engagement meetings actively incorporate all voices, fostering inclusivity and collaboration.
Local Partners: Our trusted partners know the local context and speak the local language. They provide tailored training and continuous support, leveraging their rooted cultural knowledge to help farmers adopt the most suitable practices for their region.
Free, Prior, and Informed (FPI) Consent: We always secure FPI Consent from local communities, ensuring that we conduct all project activities with the full knowledge and voluntary agreement of landowners and stakeholders. Boomitra describes the project activities, impacts, and implications over the project’s lifetime in the local language. Once the participating farmers or ranchers agree, Boomitra engages with them with a proper legal agreement vetted by local lawyers.
Project Governance: Our governance framework is inclusive and transparent, with clear roles, responsibilities, and accountability mechanisms to manage projects effectively while increasing benefits for each stakeholder.
Social Risk Assessment and Safeguards: We conduct social and environmental risk assessments for each of our projects to identify and mitigate potential negative impacts, implement proactive safeguards, and continuously monitor project activities.
Equitable Benefit-Sharing Arrangements: Boomitra establishes revenue sharing at the beginning of each project. The majority of the carbon revenue is returned to the farmers and communities involved.
Grievance Redress and Social Impact Monitoring: Our multilevel grievance redress mechanisms are easily accessible, timely, and culturally sensitive, ensuring prompt and fair issue resolution. Simultaneously, we monitor social impacts through regular assessments and maintain adaptability to achieve equitable outcomes for all stakeholders involved.
Boomitra team, partner SGanaderas, and an auditor visiting a participating ranch in Mexico (left). Boomitra team, partner FTMA, and an auditor visiting a participating farm in Nakuru county, Kenya (right).
Carbon markets open significant financial opportunities, and Boomitra works diligently to ensure that money goes into the correct, deserving hands. Establishing local project ownership and equitable benefits sharing can be challenging in some nature-based projects, like blue carbon (who owns the ocean?) and forest carbon (is the land public or under threat of logging?).
However, agricultural soil carbon projects are much more straightforward. Boomitra does not own any project land; instead, participating farmers and ranchers maintain full ownership of their land. These landowners are compensated for removing carbon from the atmosphere and storing it in their soil. To validate that participants legally own their land and can fully benefit from our projects, we adhere to rigorous processes outlined by Verra. This involves several key steps:
Documentation of Land Rights: Participants must provide legal documentation proving their ownership or control over the land, such as land titles or lease agreements.
Verification of Ownership: Boomitra verifies the authenticity of these documents by cross-checking with local land registries and relevant authorities.
Community Consultation: Boomitra engages with local communities and stakeholders to confirm that there are no disputes over the land and that participants have the recognized right to use it.
Continual Monitoring: We conduct periodic checks throughout the project to monitor and update land ownership status and confirm that participants maintain ownership.
These steps confirm that landownership is secure, transparent, and undisputed, allowing landowners to fully participate in and benefit from our projects.
Boomitra ensures equity for landowners and for the planet. High-integrity carbon removal credits, like those offered by Boomitra’s soil carbon projects, are a critical component of global climate action to achieve net zero emissions and limit catastrophic global warming.
Each Boomitra soil carbon removal credit represents a tonne of CO2 that would have remained in the atmosphere without our carbon project. Soil carbon removal credits are distinguished by their scalability and immediate impact, alongside numerous co-benefits. By increasing yields, restoring degraded lands, enhancing climate resilience, and creating a new revenue stream for landowners, these initiatives improve local livelihoods. They foster resilient communities equipped to face future challenges with hope and strength. See how Boomitra’s carbon projects are making a difference through the eyes of three landowners: Hannah, Jorge, and Shivling.
Our projects contribute to the following UN Sustainable Development Goals:
Boomitra’s soil carbon projects exemplify the future of equitable and impactful climate solutions. Combining cutting-edge technology with deep local engagement, our farmer-first model ensures farmers and ranchers are primary beneficiaries, not just participants.
Want to dig deeper into our equitable approach? Set up a meeting with our carbon credit experts.
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